Adani Energy Solutions

Adani Energy Solutions Reports 172% Surge in Q2 Profits, Total Income Rises 68.9%

22 Oct 2024

Adani Energy Solutions Limited (AESL), a key player in India’s private transmission and distribution sector, announced on Tuesday a remarkable 172.2% increase in its net profit for the July-September quarter, reaching ₹773 crore, up from ₹284 crore during the same period last year. Combined net profits for the April-June and...

Investors Lose ₹53,000 Crore as Adani Stocks Drop Following Hindenburg Report

12 Aug 2024

Shares of Adani Group companies saw a sharp decline of up to 7%, causing investors to lose approximately ₹53,000 crore. The market capitalization of 10 Adani stocks dropped to ₹16.7 lakh crore. This downturn follows a report from US short seller Hindenburg, which accused SEBI Chairperson Madhabi Puri Buch and...

Adani Energy Solutions Launches ₹6,000 Crore QIP, Shares Surge 6.95%

30 Jul 2024

Adani Energy Solutions Ltd launched a Qualified Institutional Placement (QIP) on July 30, 2024, to raise ₹6,000 crore. This QIP allows the company to raise capital without submitting extensive legal paperwork to the market regulator, with only qualified institutional buyers (QIBs) being eligible to purchase the securities. What is a...

Adani Energy Solutions Board Greenlights Rs 12,500 Crore QIP Fundraising

27 May 2024

Adani Energy Solutions (AESL) has announced plans to raise Rs 12,500 crore through the issuance of equity shares with a face value of Rs 10 each. The decision was made during a board meeting held on May 27, 2024, as per an exchange filing. The funds will be raised through...